Cryptocurrency

Ether / USD may rise to 4066 - 4125

2024-05-27

Our pivot point stands at 3857.

Our preference

The upside prevails as long as 3857 is support.

Alternative scenario

Below 3857, expect 3757 and 3697.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3895 and 3856).

Supports and resistances

4245 **

4185 *

4125 **

4066

3936 last

3896

3857 **

3757 *

3697 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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